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Commercial Land with Restaurant Building

1414 7th Street, Parkersburg, WV 26101

For Sale
New
$890,000

CommercialSale, Parkersburg, WV

Property Size1,913 SF
Lot Size0.81 Acres
Price / SF$465.24
Days on Market2

Property Features for 1414 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business
Parking 25
Elementary school district Wood-Parkersburg HS
Middle school district Wood-Parkersburg HS
High school district Wood-Parkersburg HS
Directions 7th Street in Parkersburg, between Speedway gas station - Hardees Fast Food - across from McClinton Auto.
Standard status Active
APN 05-83-01370000
Size 1,913 SF
Lot size 0.81 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4912

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

existing business signage

Building Details

Year built 1993
Buildings 1
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Steven M Shaver · License WV #29911
Added: Nov 12 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 5259146

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 0.81-acre property includes a 1,913-square-foot, single-story restaurant building constructed in 1993, plus two vacant lots. The building is occupied by Rubi's Pizza, which has operated at this location for 30 years. Features include natural gas heating, central air, public water and sewer, paved parking, and business signage.

Located on 7th Street in Parkersburg, the site has approximately 200 feet of road frontage and about 30 paved parking spaces.

Key Highlights

  • 0.81‑acre commercially zoned property with a restaurant building and two vacant lots
  • 1,913‑square‑foot, single‑story building constructed in 1993
  • Approximately 200 feet of frontage on 7th Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,154
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,080 $503.1K
Cap Rate 7%
$359,343 $359.3K
Cap Rate 9%
$279,489 $279.5K
Market Conditions
NOI Build-Up for 1,913 SF
Gross rent
$34.4K $18.00/SF
− Vacancy
−$895 −$0.47/SF
EGI
$33.5K $17.53/SF
− OpEx
−$8.4K −$4.38/SF
NOI
$25.2K $13.15/SF
Area
Wood County, WV
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,080
Cap Rate 7%
$359,343
Cap Rate 9%
$279,489

Alternative Uses

Best Use
Specialty Retail
$359.3K
$314.4K – $419.2K (±1% cap)
NOI $25,154 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.3K
$461.4K – $615.2K (±1% cap)
NOI $36,913 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rubi's Pizza & Grill Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Bakery Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 35% Groceries 9%
Sheetz Shops & Services
26,564 visits/mo 0.3 miles
Wendy's Dining
14,466 visits/mo 0.4 miles
Piggly Wiggly Groceries
8,364 visits/mo 0.2 miles
Speedway Shops & Services
8,097 visits/mo 0.1 miles
Hardee's Dining
7,657 visits/mo 0.1 miles

Demographics for 26101, WV

28,337
Population
14,134
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
920
Density / Sq Mi
$45,556
Median Household Income
$31,511
Median Earnings
$759
Median Rent
$107,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Parkersburg

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - A restaurant property with two vacant lots, commercial zoning, and public utilities.
Where is this commercial land located?
The property is located at 1414 7th Street Parkersburg, WV.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 0.81‑acre commercially zoned property with a restaurant building and two vacant lots; 1,913‑square‑foot, single‑story building constructed in 1993; Approximately 200 feet of frontage on 7th Street
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